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Author Question: Activity-based budgeting makes it easier to ________. A) determine a rolling budget B) prepare ... (Read 75 times)

Evvie72

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on: Jul 5, 2018
Activity-based budgeting makes it easier to ________.
 
  A) determine a rolling budget
  B) prepare pro forma financial statements
  C) determine how to reduce costs
  D) execute a financial budget

Question 2

Of the following steps of the accounting cycle, which step should be completed first?
 a. Closing entries are journalized and posted to the ledger.
  b. Transactions are posted to the ledger.
  c. Adjusting entries are journalized and posted to the ledger.
  d. Financial statements are prepared.


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iman

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: C

Answer to Question 2

b


Evvie72

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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